Tag: SBA

May 242019

PeopleFund Awarded $25 million in New Markets Tax Credit Allocation

in Accomplishments & Awards, Announcements

PeopleFund Awarded $25 million in New Markets Tax Credit Allocation U.S. Treasury Program aims to stimulate employment, growth, and revitalization in low income communities   Austin, Texas – On May 23rd, PeopleFund was awarded a $25 million New Market Tax Credit (NMTC) allocation to support community development in low income areas throughout…

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PeopleFund Awarded $25 million in New Markets Tax Credit Allocation U.S. Treasury Program aims to stimulate employment, growth, and revitalization in low income communities   Austin, Texas – On May 23rd, PeopleFund was awarded a $25 million New Market Tax Credit (NMTC) allocation to support community development in low income areas throughout…

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May 142019

PeopleFund & Certified Development Corporation of the Southwest Announce Merger

in In the News

Merger will consolidate SBA 504 Lending under PeopleFund Austin, Texas – Both the Small Business Administration (SBA) and the State of Texas have approved the merger of PeopleFund and Certified Development Corporation of the Southwest (CDCSW). Under the terms of the merger PeopleFund will be the successor organization, effective June 1, 2019….

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Merger will consolidate SBA 504 Lending under PeopleFund Austin, Texas – Both the Small Business Administration (SBA) and the State of Texas have approved the merger of PeopleFund and Certified Development Corporation of the Southwest (CDCSW). Under the terms of the merger PeopleFund will be the successor organization, effective June 1, 2019….

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Jan 182019

Collateral Damage: The Impact of the Government Shutdown on Small Businesses

in In the News, Small Business

By Meghan C. Rauker The ongoing partial government shutdown has now entered its 27th day, the longest lasting government shutdown in United States history. An estimated 800,000 federal workers have been affected by the lapse in funding—either by having to work without pay while it lasts or by being furloughed. JP Morgan…

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By Meghan C. Rauker The ongoing partial government shutdown has now entered its 27th day, the longest lasting government shutdown in United States history. An estimated 800,000 federal workers have been affected by the lapse in funding—either by having to work without pay while it lasts or by being furloughed. JP Morgan…

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Jun 122018

Bank of America Launches $20 Million Lending Program for U.S. Military Veteran Entrepreneurs

in Announcements

Program Will Increase Access to Affordable Loans for Veteran-Owned Businesses June 8, 2018     CHARLOTTE – Bank of America today announced a $20 million Veteran Entrepreneur Lending Program to connect U.S. military veteran business owners with affordable capital to help kick-start and grow their businesses. “Helping our veterans translate their skills…

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Program Will Increase Access to Affordable Loans for Veteran-Owned Businesses June 8, 2018     CHARLOTTE – Bank of America today announced a $20 million Veteran Entrepreneur Lending Program to connect U.S. military veteran business owners with affordable capital to help kick-start and grow their businesses. “Helping our veterans translate their skills…

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Jun 62018

PeopleFund Partners with Rebuild Texas Fund for Ongoing Harvey Relief

in Announcements, In the News

The Hurricane Harvey Relief Fund will provide 0% interest rate loans for recovering small businesses Austin, Texas – Small businesses are the heart of the Texas economy, and in the wake of last September’s devastating category 4 hurricane, many entrepreneurs are still struggling through the recovery process. According to the Federal Emergency…

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The Hurricane Harvey Relief Fund will provide 0% interest rate loans for recovering small businesses Austin, Texas – Small businesses are the heart of the Texas economy, and in the wake of last September’s devastating category 4 hurricane, many entrepreneurs are still struggling through the recovery process. According to the Federal Emergency…

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May 92016

PeopleFund’s Jesse Sanchez SBA Financial Services Champion of 2016

in Announcements, Press Releases

Rio Grande Valley Loan Officer Recognized for Mission-Driven Lending Achievements McAllen – On May 3rd, the U.S. Small Business Administration (SBA) District Director Angela Burton recognized PeopleFund Loan Officer Jesse Sanchez as the 2016 Area Financial Services Champion of the Year. Through partnerships with local financial institutions and the SBA, Jesse worked…

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Rio Grande Valley Loan Officer Recognized for Mission-Driven Lending Achievements McAllen – On May 3rd, the U.S. Small Business Administration (SBA) District Director Angela Burton recognized PeopleFund Loan Officer Jesse Sanchez as the 2016 Area Financial Services Champion of the Year. Through partnerships with local financial institutions and the SBA, Jesse worked…

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Oct 272015

PeopleFund Receives SBA Lending Award

in Accomplishments & Awards

PeopleFund was recently recognized in the San Antonio Business Journal as a Top Region 6 Lending Institution for 2015 through the U.S. Small Business Administration. This recognition is in support of our growing lending services across Texas.

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PeopleFund was recently recognized in the San Antonio Business Journal as a Top Region 6 Lending Institution for 2015 through the U.S. Small Business Administration. This recognition is in support of our growing lending services across Texas.

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Oct 52015

PeopleFund Receives $75,000 SBA PRIME Award for Technical Assistance

in Accomplishments & Awards, In the News, Press Releases

Thirty-nine community-based organizations across the United States that provide assistance to disadvantaged entrepreneurs are set to receive $5 million in grants from the U.S. Small Business Administration’s (SBA) Program for Investment in Micro-Entrepreneurs (PRIME).  These organizations help low-income entrepreneurs gain access to capital to establish and expand their small businesses. “By training…

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Thirty-nine community-based organizations across the United States that provide assistance to disadvantaged entrepreneurs are set to receive $5 million in grants from the U.S. Small Business Administration’s (SBA) Program for Investment in Micro-Entrepreneurs (PRIME).  These organizations help low-income entrepreneurs gain access to capital to establish and expand their small businesses. “By training…

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May 132015

Press Release: PeopleFund Opens San Antonio Office

in Announcements, In the News, Press Releases

San Antonio Hispanic Chamber of Commerce to provide office space and support San Antonio, Texas – As part of its five year statewide expansion plan, PeopleFund now has a presence in San Antonio. Today the San Antonio Hispanic Chamber of Commerce (SAHCC) and PeopleFund announced an agreement in which the Chamber provides lease…

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San Antonio Hispanic Chamber of Commerce to provide office space and support San Antonio, Texas – As part of its five year statewide expansion plan, PeopleFund now has a presence in San Antonio. Today the San Antonio Hispanic Chamber of Commerce (SAHCC) and PeopleFund announced an agreement in which the Chamber provides lease…

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